Switalla, Julia (2024) Housing choices and preferences of seniors and pre-seniors in Bottrop, Germany. A conjoint anaylsis. Master thesis.
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Abstract
This thesis examines the housing preferences of an ever-growing demographic group, seniors and pre- seniors, in Bottrop, Germany. The phenomenon Ageing in Place characterized the housing habits of seniors; however, they usually reside in housing not suitable for them due to several reasons, such as having a higher disability rate to which current housing stock is not adapted to. Since almost every fourth inhabitant is 65 years old or older in Bottrop, it is interesting to know their preferences in order to derive suggestions for real estate developers. To examine their housing preferences, a rating-based conjoint analysis was chosen which underlies 5 attributes (rent, living space, neighbourhood, accessibility, services) as well as 3 attribute levels, which describe the attributes in more detail. Data was collected by the author of this thesis (n=50), since no data was available on this topic. The results show that (pre- )seniors do not make clear trade-offs between the given attributes, as the range between the relative attribute importance values is 10%. The ranking of the relative attribute importances is as follows: Accessibility (25%), living space and services (each 21%), rent (18%) and neighbourhood (15%). The highest willingness to pay (WTP) for housing which is “Wheelchair accessible” compared to housing which is “Neither barrierfree nor wheelchair accessible” is +372.15€. The lowest WTP out of all is for housing located in the neighbourhood “Shops of everyday needs” compared to “Family and Friends” with -30,47€. Furthermore, the housing preferences between seniors and pre-seniors preferences vary, but the degree of discrepancy is not very high.
| Item Type: | Thesis (Master) |
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| Degree programme: | Real Estate Studies |
| Supervisor: | Kuiper, N.M. |
| Date Deposited: | 13 May 2024 08:17 |
| Last Modified: | 13 May 2024 08:17 |
| URI: | https://frw.studenttheses.ub.rug.nl/id/eprint/4502 |
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